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20121202
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as they have all along hostage to tax cuts for the wealthy. >> the effort continued today. joe biden had lunch with middle class americans who will see their taxes go up if republicans refuse to extend 19% of the tax cuts before the end of the year. >> folks, this is not hard. this ain't rocket science. it would take 15 minutes from the time the decision is made by the speaker of the house to pass and make permanent the middle class tax cut. the president would probably have me spin up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> vice president joe biden did not waiver on the white house's position. it's all about the top tax rates. >> every serious economist i have spoken to, left, right, and center, knows you have to do something about revenue and rates. you can't get there from here without affecting people at this table. or fooling around with the mortgage deductions. you can't get there without the rates being affected. >> the white house is not backing down on rates. the president sent his legislative affairs director to meet wit
president biden is having lunch with several middle class americans who would see their income taxes go up if the tax cuts are not extended. all of this comes as the first jobs report since the election exceeded expectations. the u.s. economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that democrats' plan is to, quote, slow walk our economy to the edge of the fiscal cliff. how do you respond it to that? >> well, that's just utterly preposterous. the republicans right now in the house of representatives have a bill that would extend the middle class tax cuts right away that has passed the senate that they could take up next week when we come back. they could have already taken it up. we have a lot of time, and the republicans refuse to give certainty to the middle class. the president said he'd seen this bill right away, and then the
now on the jobs report. joining me is former economic adviser to vice president joe biden, jared bernstein, and ron insana. you heard the speaker and his comments moments ago. this is good for the president, the jobs report, no doubt. he can argue that, my policies have been working, better tax hikes for the upper 2%, more amenable because the economy is coming along. how do democrats leverage this in the key cliff negotiations going on? >> i think the key point is that there is some momentum in the jobs report. the labor market diminished a little bit in december. that's why the unemployment rate fell down, not because of extra jobs. but all told, especially expecting sandy's damage, it was a pretty good report and it shows that there's some und underlying momentum. the argument from the president or from anyone who cares are this economic recovery, it would be a crazy time to throw a monkey wrench at an ongoing recovery that has a little bit of momentum. >> ron, to you on this. talking about sandy, there seems to be a lack of sandy effect as some had thought initially. we see a
be interesting, though. if vice president biden runs, which has been speculated about, there will be a real conundrum, and i think there's a conundrum for the democratic establishment if secretary clinton goes there. a lot of people feel that she would really be able to get the support of the big democratic donors and traditional parts of democratic party but not be able to bring along new parts of obama coalition, hence the gay marriage sticking point. 2016 is definitely wide open. hillary clinton was referred to me recently by an operative on the democratic side, very involved in the early jockeying says she's the 800-pound gorilla. if she goes the field is not necessarily hers for the taking, but she would have a significant advantage coming into the race. >> when the former president is asked if his wife will run, he always says he has no idea. is there any indication behind the scenes that she's either annoyed, flattered or feels pressure as so many people -- the election wasn't even over, and everyone had their list of republicans running. of course, her name has always been there for
Search Results 0 to 3 of about 4

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